Audit Quality Review: “Long-term improvement” still required, FRC says
Accounting Firms

Audit Quality Review: “Long-term improvement” still required, FRC says

2y Rebecca Whittaker

Audit Quality Review: “Long-term improvement” stil...

The FRC regulator’s audit quality scores show a slight improvement despite “unacceptable” reviews from Mazars and BDO Read More...

View article
Audit quality: Why do FRC fines keep increasing?
Regulatory Bodies

Audit quality: Why do FRC fines keep increasing?

4y Leanna Reeves

Audit quality: Why do FRC fines keep increasing?

As the value of fines on audit firms issued by the FRC increases, experts reflect on why the regulator’s approach has changed and how this has impacte...

View article
New research shows multidisciplinary firm structure to improve audit quality
Accounting Firms

New research shows multidisciplinary firm structure to improve audit qualit...

5y Leanna Reeves

New research shows multidisciplinary firm structur...

The study comes amid growing international debate on the market value of auditors providing non-audit services. Read More...

View article
PwC reveals “big deal” tech plan to boost audit quality
Audit

PwC reveals “big deal” tech plan to boost audit quality

5y Dave Beach

PwC reveals “big deal” tech plan to boost audit qu...

PwC has committed to an additional £30m annual spend to boost training, employee numbers and technology in a bid to improve its audit process. It incl...

View article
Grant Thornton to up audit quality with new appointment
Audit

Grant Thornton to up audit quality with new appointment

5y Dave Beach

Grant Thornton to up audit quality with new appoin...

Grant Thornton has today appointed insider Fiona Baldwin as head of audit, several months after the Patisserie Valerie debacle Read More...

View article
FRC strikes out at PwC's BHS audit quality following leaked report
Audit

FRC strikes out at PwC's BHS audit quality following leaked report

6y Accountancy Age

FRC strikes out at PwC's BHS audit quality followi...

The Financial Reporting Council has called PwC's audits of the collapsed BHS "inaccurate, and misleading" Read More...

View article
FRC reports an “unacceptable deterioration” in KPMG audit quality
Audit

FRC reports an “unacceptable deterioration” in KPMG audit quality

6y Accountancy Age

FRC reports an “unacceptable deterioration” in KPM...

The report found that half of KPMG's audits needed more than limited improvements, and will now increase scrutiny on the firm's upcoming audit work Re...

View article
Audit quality of FTSE 350 companies is improving
Audit

Audit quality of FTSE 350 companies is improving

7y Accountancy Age

Audit quality of FTSE 350 companies is improving

Reports showed that 81% of FTSE 350 audits reviewed in 2016-17 required only limited improvements, up from 77% in 2015-16 and 70% in 2014-15 Read More...

View article
Audit quality indicators: now you see it?
Audit

Audit quality indicators: now you see it?

8y Accountancy Age

Audit quality indicators: now you see it?

Faced with something that many people can’t completely define and most cannot see, organisations have drawn up a measures to indicate the presence or ...

View article
Firm by firm: The FRC's audit quality inspections
Accounting Firms

Firm by firm: The FRC's audit quality inspections

8y Calum Fuller , Reporter

Firm by firm: The FRC's audit quality inspections

Accountancy Age takes a look FRC's assessment of the audit quality provided by the top six audit firms Read More...

View article
KPMG audit quality criticised in FRC review
Audit

KPMG audit quality criticised in FRC review

8y Calum Fuller , Reporter

KPMG audit quality criticised in FRC review

FRC releases individual reports critical of audits undertaken by the six largest firms Read More...

View article
FRC appoints NAO’s Mike Suffield as director of audit quality
Audit

FRC appoints NAO’s Mike Suffield as director of audit quality

8y Calum Fuller , Reporter

FRC appoints NAO’s Mike Suffield as director of au...

Mike Suffield joins FRC having spent 21 years with NAO Read More...

View article
FRC: Firms must be more rigorous in audit quality control
Audit

FRC: Firms must be more rigorous in audit quality control

8y Calum Fuller , Reporter

FRC: Firms must be more rigorous in audit quality ...

Regulator finds firms' audit quality controls are not as rigorous as the standards they apply to businesses they audit Read More...

View article
Video: Friday Afternoon Live - Amazon's tax move and audit quality in the UK
Accounting Standards

Video: Friday Afternoon Live - Amazon's tax move and audit quality in the U...

9y Richard Crump , Writer

Video: Friday Afternoon Live - Amazon's tax move a...

Amazon's corporation tax move, audit quality and prudence are the topics of the Friday Afternoon Live Read More...

View article
FRC audit quality inspection raps Mazars
Audit

FRC audit quality inspection raps Mazars

9y Chris Warmoll , Writer

FRC audit quality inspection raps Mazars

In four out of the five audits, the FRC "noted weaknesses in or omissions from communications with audit committees" Read More...

View article
FRC audit quality inspection critical of GT
Accounting Firms

FRC audit quality inspection critical of GT

9y Chris Warmoll , Writer

FRC audit quality inspection critical of GT

FRC report finds that of eight GT audits assessed, three required ‘significant improvements' Read More...

View article
Scottish Police Authority audit quality panned
Audit

Scottish Police Authority audit quality panned

9y Chris Warmoll , Writer

Scottish Police Authority audit quality panned

Unqualified 2013/14 accounts criticised while attention drawn to the poor quality of several aspects of the SPA's accounting records Read More...

View article
GCCAAO and ICAEW sign audit quality agreement
Accounting Standards

GCCAAO and ICAEW sign audit quality agreement

11y Rachael Singh

GCCAAO and ICAEW sign audit quality agreement

ICAEW signs agreement with Gulf states to develop an audit monitoring programme Read More...

View article
IAASB calls for audit quality comment from the public
Audit

IAASB calls for audit quality comment from the public

11y Rachael Singh

IAASB calls for audit quality comment from the pub...

The International audit standard setter puts new audit quality framework out for consultation Read More...

View article
AIU warns Deloitte against compromising audit quality
Audit

AIU warns Deloitte against compromising audit quality

12y Richard Crump , Writer

AIU warns Deloitte against compromising audit qual...

Quality of future audits may be affected by fee pressures and initiatives to improve efficiencies, AIU warns Read More...

View article
FRC fires warning shot over audit quality
Audit

FRC fires warning shot over audit quality

12y Richard Crump , Writer

FRC fires warning shot over audit quality

Cost-cutting is damaging sufficiency of audit work, industry watchdog finds Read More...

View article
ICAEW chief says audit quality remains strong
Audit

ICAEW chief says audit quality remains strong

14y Mario Christodoulou

ICAEW chief says audit quality remains strong

Audit industry has no systemic problems, ICAEW chief said Read More...

View article
ACCA announces international investigation of audit quality
Accounting Standards

ACCA announces international investigation of audit quality

14y Accountancy Age

ACCA announces international investigation of audi...

Joint study will underpin international audit standards Read More...

View article
New audit quality boss at the accounting watchdog
Audit

New audit quality boss at the accounting watchdog

14y Kevin Reed , Writer

New audit quality boss at the accounting watchdog

PwC's Marek Grabowski set to take over from Jon Grant as executive director of the APB Read More...

View article
Audio: FRC calls for audit quality transparency
Audit

Audio: FRC calls for audit quality transparency

14y rumo , Writer

Audio: FRC calls for audit quality transparency

Comparisons between audit firms should be made easier Read More...

View article
Video: FRC calls for audit quality transparency
Audit

Video: FRC calls for audit quality transparency

14y rumo , Writer

Video: FRC calls for audit quality transparency

Comparisons between audit firms should be made easier Read More...

View article
Clients blind on audit quality
Audit

Clients blind on audit quality

14y Mario Christodoulou

Clients blind on audit quality

Audit customers don't have enough data to compare quality across firms Read More...

View article
Audit quality under pressure as firms cut costs
Audit

Audit quality under pressure as firms cut costs

15y Mario Christodoulou

Audit quality under pressure as firms cut costs

FRC warns firms to maintain high standards as recession bites Read More...

View article
1 2 3 82